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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: divvie who wrote (75141)10/28/1998 9:43:00 AM
From: Lucretius  Read Replies (3) | Respond to of 176387
 
When I said lose 95%, I was assuming (and I said this) that most would increase their position as the stock fell or trade in and out on the way down and end up losing more than if they would have just sat on it. I do think DELL will eventually see $2 or $3, that will be a serious blow to most who own the stock at today's prices.... ie- he who owns 10,000 shares today and has $600,000 in stock will only be left w/ $20,000. I still call that a serious blow.

when somebody offers me $250,000 for my 1982 hunting jeep, I jump at the offfer... I could care less if he turns around and sells it for $300,000 to a greater sucker. The point is that I got about 25x what it is worth. It was more than fully valued at that point. I sell when suckers appear.

-Lucretius